Over 100 acres in the heart of East Orlando and currently the last operating cattle ranch in Orange County! The possibilities for this property are endless with the working ranch operating on 20 parcels combined with the opportunity to live in or rent out multiple homes. Zoned A-2 and R-1 these parcels allow you to live outside the constraints of an HOA while still being close to every convenience with a variety of uses. Sitting just South of SR 50 you are only minutes away from shopping and dining with easy access to Downtown Orlando, Waterford Lakes, or head East to enjoy local beaches. This sprawling acreage features 5 homes, 2 of which are currently leased out, 2 barns and 2 lakes! Also noteworthy and a fun fact: there is a Chuck working on property that has been with the farm for 40+ years and the beautiful Victorian home is 150 years old. Approximately 50 full size cows call this farm home with another 8 to 10 calves (cows can be sold at market “on the hoof price” based on going rate at the time of sale, otherwise they do not convey). Floor plans, Matterport and additional info available. Call today to schedule a tour and explore the never ending opportunity that is 5th Street in 32833! https: //vimeo. com/1022334589
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Our Executive Mortgage Banker:
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$4,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,200,000 | $3,200,000 | $3,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $184 | $184 | $184 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,490 | $20,490 | $28,096 |
Total Monthly Payment | $20,799 | $20,799 | $28,405 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.